MICHAEL DIRENDE

SENIOR ADVISOR
INSURANCE / RESTRUCTURING
NEW YORK

Michael DiRende is a Senior Managing Director and head of Sherwood’s Advisory Services Insurance Practice.

His experience spans 25+ years, and he hasestablished himself as a seasoned restructuring professional, assuming pivotal executive positions throughout his career.

Michael has focused the last16 years advising Insurance companies on workouts, M&A, and regulatory matters.

His most recent accomplishments include serving as the Chief Restructuring Officer for a leading Insurtech/Insurance carrier and as the Chief Surveillance Officer for a publicly traded insurance company, where he adeptly managed a substantial portfolio of $50 billion in structured finance insurance risks.

Michael’s professional background encompasses working with privately held consultancies like Zolfo Cooper and Arthur Anderson and publicly traded insurance companies such as Assured Guaranty and MBIA. His focus has predominantly been in workout advisory and special situations, often assuming interim executive positions like Chief Restructuring Officer (CRO), Chief Financial Officer (CFO), and Chief Operating Officer (COO) in various instances.

Recognized as an authority in special situations and mergers and acquisitions, Michael’s expertise shines through his interim financial and operational executive roles, culminating in the successful restructuring of debts exceeding a remarkable $75 billion.

Graduate of Pace University (BBA in Public Accountancy), a Certified Public Accountant and Certified Insolvency Restructuring Advisor.

Contact: mdirende@sherwoodpartners.com